USD/CHF – 30M – SELL

The pair US Dollar/Swiss Franc (USD/CHF) goes from the bullish trendline down.

A descent down to the next support level at 0.772 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.77685 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Collapsing Doji Star’ chart pattern is detected. The chart forms ‘Collapsing Doji Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.77685 – 0.77618 – 0.77617 – 0.77437 – 0.772 – 0.76938 —
0.77678 – 0.77703 —
56.303627778008 – 56.993231989887 —
– —
0.77685 – 1771581600

Trading Signals: FOREX – USD – USD/CHF – CHF – Collapsing Doji Star – Double top chart pattern – – – – – – – –